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Compound Interest Worksheet

Quantitative aptitude lesson 15: Compound interest · Set 613 · 40 questions
TalentJR

The method (Year by year): Year 1: add R% of P. Year 2: add R% of the new amount. Carry on for each year. Amount = P × (100 + R)ⁿ ÷ 100ⁿ; compound interest = amount − P. For 2 years, CI − SI = P × R × R ÷ 10000.

NameDateTime takenScore ___ / 40
  1. 1.What is the difference between the compound interest and the simple interest on ₹7400 at 20% per year for 2 years (in ₹)?
  2. 2.What is the difference between the compound interest and the simple interest on ₹37500 at 8% per year for 2 years (in ₹)?
  3. 3.What is the difference between the compound interest and the simple interest on ₹15000 at 8% per year for 2 years (in ₹)?
  4. 4.Find the amount when ₹15625 is invested at 8% per year compound interest for 3 years (in ₹).
  5. 5.What is the difference between the compound interest and the simple interest on ₹22500 at 8% per year for 2 years (in ₹)?
  6. 6.Find the amount when ₹20975 is invested at 20% per year compound interest for 2 years (in ₹).
  7. 7.Find the amount when ₹43200 is invested at 5% per year compound interest for 2 years (in ₹).
  8. 8.What is the difference between the compound interest and the simple interest on ₹17500 at 8% per year for 2 years (in ₹)?
  9. 9.Find the compound interest on ₹45875 at 20% per year for 3 years, added every year (in ₹).
  10. 10.What is the difference between the compound interest and the simple interest on ₹23100 at 10% per year for 2 years (in ₹)?
  11. 11.Find the compound interest on ₹46250 at 12% per year for 2 years, added every year (in ₹).
  12. 12.Find the amount when ₹9750 is invested at 20% per year compound interest for 2 years (in ₹).
  13. 13.Find the compound interest on ₹25000 at 10% per year for 3 years, added every year (in ₹).
  14. 14.Find the compound interest on ₹22775 at 20% per year for 2 years, added every year (in ₹).
  15. 15.Find the compound interest on ₹25350 at 20% per year for 2 years, added every year (in ₹).
  16. 16.Find the compound interest on ₹19250 at 20% per year for 3 years, added every year (in ₹).
  17. 17.Find the amount when ₹15725 is invested at 20% per year compound interest for 2 years (in ₹).
  18. 18.What is the difference between the compound interest and the simple interest on ₹27600 at 15% per year for 2 years (in ₹)?
  19. 19.What is the difference between the compound interest and the simple interest on ₹29600 at 5% per year for 2 years (in ₹)?
  20. 20.Find the amount when ₹24375 is invested at 4% per year compound interest for 2 years (in ₹).
  21. 21.Find the compound interest on ₹15625 at 8% per year for 2 years, added every year (in ₹).
  22. 22.What is the difference between the compound interest and the simple interest on ₹50000 at 4% per year for 2 years (in ₹)?
  23. 23.Find the compound interest on ₹6250 at 12% per year for 2 years, added every year (in ₹).
  24. 24.What is the difference between the compound interest and the simple interest on ₹31600 at 25% per year for 2 years (in ₹)?
  25. 25.Find the amount when ₹31250 is invested at 4% per year compound interest for 3 years (in ₹).
  26. 26.What is the difference between the compound interest and the simple interest on ₹23600 at 5% per year for 2 years (in ₹)?
  27. 27.Find the compound interest on ₹38000 at 10% per year for 3 years, added every year (in ₹).
  28. 28.What is the difference between the compound interest and the simple interest on ₹38400 at 10% per year for 2 years (in ₹)?
  29. 29.What is the difference between the compound interest and the simple interest on ₹2800 at 25% per year for 2 years (in ₹)?
  30. 30.Find the amount when ₹28750 is invested at 4% per year compound interest for 2 years (in ₹).
  31. 31.Find the compound interest on ₹16000 at 5% per year for 3 years, added every year (in ₹).
  32. 32.What is the difference between the compound interest and the simple interest on ₹10000 at 8% per year for 2 years (in ₹)?
  33. 33.What is the difference between the compound interest and the simple interest on ₹12500 at 4% per year for 2 years (in ₹)?
  34. 34.What is the difference between the compound interest and the simple interest on ₹22500 at 12% per year for 2 years (in ₹)?
  35. 35.What is the difference between the compound interest and the simple interest on ₹42500 at 4% per year for 2 years (in ₹)?
  36. 36.Find the amount when ₹24000 is invested at 15% per year compound interest for 3 years (in ₹).
  37. 37.What is the difference between the compound interest and the simple interest on ₹48800 at 5% per year for 2 years (in ₹)?
  38. 38.What is the difference between the compound interest and the simple interest on ₹50000 at 5% per year for 2 years (in ₹)?
  39. 39.Find the compound interest on ₹46875 at 8% per year for 3 years, added every year (in ₹).
  40. 40.Find the compound interest on ₹37500 at 8% per year for 2 years, added every year (in ₹).

Answer key

  1. 296
  2. 240
  3. 96
  4. 19683
  5. 144
  6. 30204
  7. 47628
  8. 112
  9. 33397
  10. 231
  11. 11766
  12. 14040
  13. 8275
  14. 10021
  15. 11154
  16. 14014
  17. 22644
  18. 621
  19. 74
  20. 26364
  21. 2600
  22. 80
  23. 1590
  24. 1975
  25. 35152
  26. 59
  27. 12578
  28. 384
  29. 175
  30. 31096
  31. 2522
  32. 64
  33. 20
  34. 324
  35. 68
  36. 36501
  37. 122
  38. 125
  39. 12174
  40. 6240

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